Board of Directors

Mauritius Holding Company Board of Directors

Independent Non-Executive Director
SANTOSH GUJADHUR

Mr. Santosh K. Gujadhur was the co-founder and director of GFin Corporate Services Ltd (“GFin”). Mr Santosh K. Gujadhur is now the Managing Director of Apex Fund & Corporate Services (Mauritius) Ltd (“AFCS”) since February 2021 as well as member on the Board of AFCS. He has been on the board of investment funds and investment companies that have deployed in excess of $15 billion in venture, debt or equity capital participations. Prior to the set-up of GFin in 2010, he was a corporate associate in the New York office of Sidley Austin LLP, where he focused his practice on capital markets and equity derivatives transactions and general corporate transactional work. Prior to that, he worked at Clarel Benoit Chambers, one of the band-1 rated firms in Mauritius by Chambers and Partners (UK). He has extensive experience in interacting with lawyers, tax advisers and boards of directors of funds/ SPVs in various jurisdictions to structure, close and maintain investment vehicles. He received his Doctor of Law degree, with a concentration in Business Law and Regulation, from Cornell University and a B.S.C in Biochemistry from Boston College. Mr. Gujadhur is also a licensed legal practitioner and is admitted to the New York State bar in the USA.

Independent Non-Executive Director
TEJ GUJADHUR

Mr. Tej Gujadhur co-founded GFin Corporate Services Ltd (“GFin”) in Mauritius and that is now fully integrated into Apex Group as from February 2021. Mr Tej Gujadhur is now a member of the Board of Apex Fund & Corporate Services (Mauritius) Ltd (“AFCS”) following an acquisition by Apex Consolidation Entity Ltd(“ACEL”) of GFin on February 15, 2021 whereby GFin changed its name to AFCS. Prior to the set-up of GFin in 2010 and acquisition of GFin by ACEL in 2021, Mr Tej Gujadhur was the Chief Financial Officer (“CFO”) of Apollo Management’s European distressed and principal finance business. He has been in the financial sector of Europe and USA for 16 years, with a focus on the private equity and hedge fund industries in London, Dublin and New York both as a senior manager with Ernst & Young and senior in-house positions. He has also been CFO of The Children’s Investment Fund and its affiliates, with assets in excess of $15billion. Mr. Gujadhur received his MA in International Banking and Financial Services from the University of Reading, UK and a BSc. (Hons) in Computational Science and Economics from the University of Leeds, UK. Mr. Gujadhur is a Chartered Accountant from the Institute of Chartered Accountants of England and Wales. Mr Gujadhur continues to serve several asset managers as a board director in Europe and India.

Non-Executive Director
MONICA MERLI

Non-Executive Director
MARTIN PETIT DE MEURVILLE

Martin Petit de Meurville is a Senior Vice President and the Head of Strategy & Business Management for the EMEA (Europe, Middle East, and Africa) region for Moody's Investors Service (MIS), based in London. In his role, Martin leads MIS's strategic planning and execution for both developed and emerging markets in the EMEA region, ensuring that Moody's strategy and capabilities are fully aligned across all lines of business and geographies. He also works closely with Regional Management colleagues in other parts of the world to advance MIS's domestic markets strategy. In this context, Martin has joined the Board of Directors of Moody's EMEA credit rating agency affiliates GCR Ratings and MERIS, and acts as Moody's principal representative director in both cases. Until January 2023, Martin was a Vice President- Strategy & Business Management, working closely with MIS senior management to formulate strategic initiatives and facilitate the execution of MIS' global strategy across the EMEA region, and with the MIS lines of business, Moody's Analytics, Shared Services, and Moody's affiliates in EMEA to present a unified approach for achieving shared objectives. Before joining Moody's, Martin worked at the Boston Consulting Group (BCG) in its investment banking and capital markets group based in London, and prior to that, he spent eight years advising corporate finance and debt capital markets clients at Nomura and Morgan Stanley in London and Buenos Aires. Martin holds an MBA from London Business School.

Non-Executive Director
DAVID CHARLES KING

Dave King is a former member of the Technical Advisory Committee of the South African Institute of Chartered Accountants. Prior to co-founding the debt ratings initiative in Africa in the early 1990’s, he was a senior manager with one of the major South African banks. His expertise lies in the field of credit and strategic risk analysis, with over 25 years senior management experience in this field, including 24 years with a credit rating agency.

Non-Executive Director
BRUCE STEEN

Bruce Steen is a senior investment professional with 3 years accounting, and a further 11 years of private equity experience in both developed and emerging markets. He is currently a Director for Sub-Saharan Africa at the Carlyle Group, where he is responsible for sourcing and evaluating private equity investment opportunities. Bruce is a founding member of Carlyle’s Africa Fund, and is involved in all aspects of raising and staffing the fund. Bruce is a Chartered Accountant and Chartered Financial Analyst.

Executive Director
MARC JOFFE

Marc Joffe is GCR's Chief Executive Officer, and is responsible for the Rating Agency’s strategy and operations for Africa. He has more than twenty years of experience in the credit rating industry, all served at GCR, and spanning multiple sectors and countries across the African continent. Marc also previously held various senior analytical roles at GCR. He has a Bachelor of Commerce Degree in Business Economics from the University of the Witwatersrand.